Sage, a care platform for senior living, has secured $65 million in a Series C funding round led by Growth Equity at Goldman Sachs Alternatives. This investment, bringing Sage's total capital to $124 million, will accelerate its mission to transform senior care through its integrated, AI-powered solutions. The company aims to improve the quality of life for older adults by empowering their caregivers with advanced technology.
Confronting the Senior Care Crisis
The senior care industry is facing unprecedented strain as the population ages, with one in five Americans expected to be of retirement age by 2030. This demographic shift is compounded by a critical labor shortage, with the sector needing an additional 1.8 million licensed caregivers. The high industry-wide turnover rate of 79% further exacerbates the challenge of providing consistent, quality care.
Current technological infrastructure in most facilities is outdated and fragmented, relying on paper logs, pagers, and disconnected systems. This reactive approach creates chaotic work environments that contribute significantly to caregiver burnout and delay critical interventions. Such systems often fail to provide the real-time information necessary for proactive care, impacting both staff and residents.
Shifting to a Proactive Care Model
Sage is pioneering a shift from reactive responses to proactive prevention with its integrated AI-powered platform. By providing real-time intelligence and intuitive workflows, the system empowers caregivers to anticipate needs and intervene before preventable incidents occur. Communities using Sage have reported significant outcomes, including a 50% reduction in falls and substantially faster response times.
"Current tools are not built for how care actually works, contributing to chaotic environments that fail both caregivers and residents," stated Raj Mehra, co-founder and CEO of Sage. He emphasized that this investment enables the company to place caregivers at the center of innovation. The goal is to deliver a platform that provides actionable intelligence and ensures their expertise drives the industry's future.
Strategic Investment in Platform Advancement
A key focus for the new funding is the evolution of Sage's predictive AI capabilities for enhanced resident safety. The platform will analyze daily activity patterns, such as sleep changes and bathroom frequency, to identify high-risk individuals. This predictive engine is designed to alert caregivers to potential issues before an adverse event like a fall happens.
The company will also develop a unified caregiver workflow to address system fragmentation. Sage is centralizing data from leading Electronic Health Records into a single, real-time view for caregivers. This integration aims to reduce cognitive load and surface critical alerts and resident-specific context directly at the point of care.
Furthermore, Sage plans a deeper investment in the skilled nursing sector, which operates under highly demanding clinical and regulatory conditions. The company will enhance its platform's capabilities to meet the acute needs of these environments. Integrated infrastructure and predictive intelligence are expected to have an immediate impact on both caregiver experience and resident outcomes.
Investor Confidence and Workforce Commitment
The investment reflects strong confidence in Sage's approach to modernizing a critical industry. "By shifting the industry from a reactive to a proactive model, Sage is creating the scalable infrastructure to help meet the historic demand of an aging population," commented representatives from Goldman Sachs Alternatives. This highlights the market's need for a complete technological overhaul in senior care.
Reinforcing its commitment to the workforce, Sage will host its inaugural Caregiver Summit in New York City in the fall of 2026. The event will bring together frontline caregivers, operators, and industry leaders for professional development and dialogue. This initiative aims to give caregivers a significant voice in shaping the tools and policies that govern their profession.
This $65 million capital infusion marks a pivotal moment for Sage and the broader senior care industry. By advancing its AI-driven platform, unifying caregiver workflows, and investing in the workforce, the company is poised to address systemic challenges. Sage's proactive, technology-first approach aims to create a new standard of care defined by dignity, safety, and empowerment.